Ascendic ApS — Credit Rating and Financial Key Figures

CVR number: 41315075
Wilkensvej 11, 2000 Frederiksberg
info@ascendic.dk
tel: 40204055
ascendic.dk

Company information

Official name
Ascendic ApS
Established
2020
Company form
Private limited company
Industry

About Ascendic ApS

Ascendic ApS (CVR number: 41315075) is a company from FREDERIKSBERG. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a decline of -61.5 % compared to the previous year. The operating profit percentage was poor at -22.3 % (EBIT: -0.3 mDKK), while net earnings were -299.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.7 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ascendic ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales217.253 943.363 495.631 344.90
Gross profit29.29422.68- 443.60- 299.50
EBIT29.29422.68- 443.60- 299.50
Net earnings29.29422.68- 443.60- 299.50
Shareholders equity total67.98479.0829.13- 286.90
Balance sheet total (assets)303.571 798.701 676.871 613.17
Net debt89.10
Profitability
EBIT-%13.5 %10.7 %-12.7 %-22.3 %
ROA9.6 %40.2 %-25.5 %-16.7 %
ROE43.1 %154.5 %-174.6 %-36.5 %
ROI18.6 %132.9 %-174.6 %-2056.1 %
Economic value added (EVA)29.29419.26- 467.67- 300.96
Solvency
Equity ratio22.4 %26.6 %1.7 %-15.1 %
Gearing131.1 %
Relative net indebtedness %58.6 %6.6 %14.8 %55.8 %
Liquidity
Quick ratio3.21.72.0
Current ratio2.46.93.22.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)76.790.3400.7
Net working capital %79.7 %38.6 %32.3 %61.8 %
Credit risk
Credit ratingBBBBBC

Variable visualization

ROA:-16.7%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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